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Investor infuses P2 billion into Dito

Investor infuses P2 billion into Dito
philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.

Manila , Philippines , Eric-alberto , Holdings-corp , Summit-global-ltd , Globe-telecom-inc , Dito-holdings-corp , Dito-holdings , Summit-telco-corp , Dito-telecommunity-corp , Entertainment-holdings-corp , Dito-telecommunity

DITO raises fresh funds via share sale | The Manila Times

LISTED holding and investment firm DITO CME Holdings (DITO CME) has raised P2.2 billion through the sale of shares by one of its units to a third party registered in the Cayman Islands.

Philippine , Benguet , Philippines , Cayman-islands , Cayman , 00 , Manila , Holdings-to-dito-telecommunity-corp , Philippine-stock-exchange , Entertainment-holdings-corp , Summit-global-ltd

DITO net loss widens to P11B on higher expenses - BusinessWorld Online

DITO net loss widens to P11B on higher expenses - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Wagas , Camarines-sur , Philippines , Dito-telecommunity-corp , Holdings-corp , Wagas-consultants-ltd , Luna-technologies-inc , Udenna-communications , Dito-holdings-corp , Host-union-international-ltd , Entertainment-holdings-corp

Uy's DITO CME limits foreign ownership to 40%

Uy's DITO CME limits foreign ownership to 40%
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Philippines , Filipinos , Arjayl-balinbin , Udenna-corp , Exchange-commission , Udenna-communications , Holdings-inc , Telecommunity-corp , Public-service-law , Entertainment-holdings-corp , Entertainment-holdings

Share swap enabling third telco backdoor listing hurdles competition regulator


March 10, 2021 | 7:28 pm
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A SHARE SWAP that will facilitate the backdoor listing of third telco DITO Telecommunity Corp. has been approved by the competition regulator, with the market proceeding to revalue the shares of one of the swap parties with a 25% drop.
The revaluation came after the financial advisor engaged to provide a fairness opinion on the swap concluded that the transaction’s terms fell outside its own valuation range, to the advantage of DITO CME Holdings Corp., the Udenna Group’s communications, media and entertainment arm.
The other party to the swap was Udenna Communications Media and Entertainment Holdings Corp. (Udenna CME).

Philippine , Benguet , Philippines , Arjayl-balinbin , Telecommunity-corp , Udenna-group , Udenna-communications-media , Holdings-corp , Entertainment-holdings-corp , Philippine-competition-commission , Entertainment-holdings